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8239 S Colfax Ave

Chicago IL 60617

12
5
4
Multi-Family
Currently for sale - view listing

Overview

Fantastic investment opportunity in the heart of South Chicago! This solid brick 4-unit building offers 12 total bedrooms and 5 bathrooms, providing excellent potential for strong rental income. Each spacious unit includes a stove and refrigerator, and all utilities are separately metered for gas and electric, offering added convenience for management. A full finished basement provides additional space and versatility. All tenants are currently month-to-month, making this a great option for investors or owner-occupants interested in house hacking. The property also features 4 exterior parking spaces in the rear and sits on an extra-wide 125x46 ft. lot. Located close to parks, schools, public transit, and everyday amenities, this building offers a smart opportunity to grow long-term value. With low taxes and strong rental potential, this is a must-see property. Don't miss your chance to build equity and secure steady cash flow!**Building full address is 8239-41**

Features

12 bedrooms
5 bathrooms
4 carspaces
Multi-Family

Property history for 8239 S Colfax Ave

2016
Sold
$90,000
01 Dec 2016 by Jason Powell, of Sound Realty, LLC

Happy sellers in Chicago

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Local market activity for 12 bedroom multi families in Chicago

In the last 12 months, 3 numeral.12-bedroom multi families similar to 8239 S Colfax Ave, have been sold.

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